General Insurance Actuarial Analyst Job in Kenya

Actuarial Analyst – General Insurance Company

Our Client, a fast growing General Insurance Company wishes to recruit suitable persons to fill the position of

Actuarial Analyst Primary Responsibilities

  • Provide actuarial support to various lines of business, data analysis and reporting as well as participate in the overall risk management of the group. Key Responsibilities
  • Pricing of profitable and competitive products within desired timelines
  • Carry out market research for upcoming products and competitors’ products analysis
  • Follow up on regulatory approval on all products
  • Monitoring and reporting of the performance of different products and portfolio’s
  • Data Analytics reports on various trends that will inform product restructure, new product features and cost control measures for existing products
  • Monthly reporting on loss ratio trends, claims cost drivers and making relevant recommendations.
  • Analysis of impact of underwriting policies and claims policies on product performance
  • Regular computation and analysis of technical reserves per product line
  • Preparation of progress reports for Products

Qualifications and Experience

  • University Degree in Actuarial Science and progress in Institute and Faculty of Actuaries UK examinations (at least 4 papers) or equivalent.
  • Knowledge of statistical packages or programming (e.g. SAS, Visual Basic for Applications)
  • Working experience of at least 2 years in a similar role and good knowledge on the insurance industry in Kenya
  • Research skills and innovative, excellent communication skills, analytical skills and self-driven Application Process

Interested and qualified candidates are invited to submit cover letter and curriculum vitae indicating current and expected remuneration package to:; by 15th April 2017.

Insurance & Investments
Updated: April 10, 2017 — 1:18 pm